The Fund declined 7.35% in Q4 2024, outperforming the MSCI Emerging Markets Index but slightly lagging the MSCI Emerging Markets IMI Growth Index. Taiwan Semiconductor Manufacturing Company Limited and HD Hyundai Heavy Industries Co., Ltd. were top contributors due to strong demand and technological leadership. Swiggy Limited and Alibaba Group Holding Limited were top detractors, with Swiggy's ...
Full Truck Alliance (YMM) is China's largest digital freight platform, offering freight matching and value-added services, with a dominant market share and significant growth potential. YMM's revenue and order volume are increasing, driven by rising online penetration rates and higher monetization rates, with a projected revenue growth of over 20% in 2025 and 2026. Despite regulatory and compet...
Full Truck Alliance Co. Ltd. (NYSE:YMM ) Q3 2024 Earnings Conference Call November 20, 2024 7:00 AM ET Company Participants Mao Mao - Head of Investor Relations Hui Zhang - Founder, Chairman and Chief Executive Officer Simon Cai - Chief Financial Officer Conference Call Participants Charlie Chen - China Renaissance Eddy Wang - Morgan Stanley Jiulu Li - CICC Yuxuan Mi - UBS Operator Ladies and g...
GUIYANG, China , Nov. 20, 2024 /PRNewswire/ -- Full Truck Alliance Co. Ltd. ("FTA" or the "Company") (NYSE: YMM), a leading digital freight platform, today announced its unaudited financial results for the third quarter ended September 30, 2024.
The People's Bank of China lowered the country's seven-day reverse repo rate. It also injected funds into the capital markets and lowered interest rates and down payments for mortgages.
Full Truck Alliance Co. Ltd.'s revenue and net income attributable to shareholders rose significantly by +34% YoY and +33% YoY, respectively in Q2 2024. The company sees its order volume increasing by +20% or more for the full year, which will be on par with its actual Q2 2024 order volume expansion of +22%. Full Truck Alliance's solid second quarter results and positive full-year prospects sup...
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